Muthoot Microfin says it will reduce risk by shrinking its dependence on group microloans, targeting 60% by 2030. The lender is moving away from unsecured lending toward broader business diversification, including two wheeler financing starting this festive season. It also aims to scale assets under management to Rs 30,000 crore, positioning the shift as protection against sector volatility.
Apollo Global Management has crossed $1 trillion in assets under management, signaling a major scale milestone. The firm also beat Wall Street’s expectations for first-quarter profit, helped by record quarterly fee-related earnings. The update strengthens Apollo’s momentum as investors watch whether fee growth can sustain returns in a shifting markets backdrop.
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India’s life insurance sector has crossed $1 trillion in assets under management, driven by rising savings and a fast digital shift in how people buy policies. Supportive regulation, better technology, and changing customer behavior are moving purchases online, expanding choice and tightening pricing. As protection merges with savings, life cover is becoming a mainstream financial tool.
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